ok now I understand. The "pulse" is not really an interface here, it is just a pulse! The faster the current flows the more pulses you get per second. What you do in this case, is take those pulses and generate an analog value using s simple RC circuit. Once you have the analog value and it is scaled 0 to 3.3V then you can use a hardware to measure the voltage to determine the current flow. ChipworkX doesn't have analog inputs so you may want to use EMX instead. Or, you can add ADC chip to ChipworkX to measure analog but this requires more hardware work.
Before all that, you should get you a system to get familiar with NETMF. Also, take a look at FEZ
http://www.tinyclr.com/